Penny stock of Rs 2 increased by more than 9 percent, last week itself the company distributed bonus shares.


Sattva Sukun Lifecare Share: There was a sell-off trade in the stock market on Friday last week. Amidst this business, there was a tremendous rise in the shares of Sattva Sukun Lifecare. The company’s shares closed at Rs 1.51 with a gain of 9 percent. The stock had closed at Rs 1.38 on Thursday.

A year ago, on January 23, 2024, the share had reached its 52-week high level of Rs 2.36. Whereas in July 2024, the share touched its 52-week low of 0.75 paise.

Promoters’ stake increased

According to the website of BSE, there has been a change in the shareholding pattern of the company in the third quarter of the current financial year i.e. December quarter. Promoter share was 3.11 percent in October, which increased to 3.63 percent in the December quarter. Apart from this, public shareholding also increased to 96.37 percent.

Shareholders received bonus shares (Sattva Sukun Lifecare Bonus Share)

The company has announced to give bonus shares to the shareholders in the ratio of 3:5. Its record date was 17 January 2025, that is, only those shareholders who had shares of the company in their demat accounts on 17 January have received the bonus shares. Let us tell you that bonus shares are given free of cost. After this the total number of shares of the company increases.

Stock Performance (Sattva Sukun Lifecare Stock Performance)

Satva Sukoon Lifecare shares have given excellent returns to investors. According to BSE Analytics, the company’s shares have risen 91.14 percent in 6 months. The stock has given a negative return of 26.70 percent in a year. The stock has given a return of 7.09 percent in five sessions. The m-cap of the company is Rs 28.99 crore.

Disclaimer: This information is for informational purposes only and should not be construed as investment advice. It is recommended to consult a financial advisor before making investment decisions.